Emerging Economies | February 04, 2018 |
There's a lot happening beyond those borders; LatAm is rocking! And though the cream of the pudding has been taken by Startup Chile as an initiative that brings hundreds of startup from all around the world to Chile, the others are catching up too. Brazil by its sheer size and rebounding economy is in the game, actively. And everyone from Colombia, who are doing some amazing conferences, to Argentina there is a wave of startup mania!
This week in Emerging Economies Digest we have captured a cross spectrum of Latin American ecosystems, opportunities and conversations. It starts and ends with two conferences from Colombia!
Enjoy your Techstars Emerging Economies Startup Digest and share if you think we have done a good job.
Cheers.
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| | FINNOSUMMIT The fifth edition of FINNOSUMMIT at Bogotá will take place on March 22, 2018. The leading and most successful Fintech conference in Latin America returns to the Colombian capital to consolidate itself as the benchmark event to meet the innovators of the financial services industry throughout a high impact and quality networking and the most relevant and inspiring content in order to visualize and discuss about the real future of financial services in South America. | | thenextweb.com While still in its early growth stages, the country has all the ingredients for a strong startup ecosystem and is starting to catch the attention of outside investors, businesses and startup organizations. Here is a birds eye view of the building blocks of the startup ecosystem in Peru | | Finextra Ebanx, a Brazilian startup bringing cross-border e-commerce payments to Latin America, has raised $30 million from FTV Capital, with participation from Endeavor Catalyst Fund. Founded in 2012, last year Ebanx processed $1.2 billion in cross-border transactions, helping 30 million people from countries including Brazil, Mexico, Argentina and Chile gain access to international ecommerce sites.
The firm works with over 500 merchants, enabling the likes of Spotify, Airbnb and Udacity to accept more than 100 Latin American local payment options. | | LEIGH CUEN - International Business Times The Venezuelan government may become the first country in the world to launch its own Ethereum-based token with an initial coin offering. Motherboard reported the Petro token pre-sale will kickoff on Feb. 20 with a rough fundraising cap of $5 billion. President Nicolas Maduro is developing a plan for this digital asset to be somehow indirectly connected to national ID cards used by 15 million Venezuelans. | | Pepe Villatoro - WeWork Every creator spoke of a unique and joint commitment: using their ideas, their energy, their very blood to make Mexico a better place. This blend of national pride and creative commitment was peppered throughout the first Creator Awards held in Mexico City. The global competition, sponsored by WeWork, celebrates ideas with impact and heads to Shanghai next. Hosted at the Corona Forum, more than 2,700 people gathered to witness the best of the country's entrepreneurial culture. Besides the Audience Choice Award and a Community Giver Award for those doing good within their WeWork community, prizes were given out in three main categories: the Incubate Award, for great ideas or specific projects that need funding; the Launch Award, for young businesses and organizations that need a little help getting off the ground; and the Scale Award, which is for more established operations aiming to get to the next level. | | SEEDSTARS Alquilando is Argentina's finalist for Seedstars World 2018 competition. As Alquilando just raised a $700k funding in seed round, at Seedstars we wanted to ask Carlos Missirian the amazing co-founder, what helped them reaching this objective in Argentina. | | StartupColumbia Day one is the culmination of the Columbia Venture Competition, more than 200 Columbia startups will compete for $200,000 in cash awards. We'll announce the winners on day two, the StartupColumbia Conference. The day will be filled with provocative discussions on Blockchain, the NewSpace Startups, Data Ethics, and Power Branding. We'll finish the day with a to-be-announced closing keynote.
| | CONRAD EGUSA - The Next Web Latin America has been receiving a lot more attention in recent years as a new and exciting location to start one's business. Since venture capital firms such as Andreessen Horowitz and Accel Partners started investing in Mexico, Brazil and Colombia and global startup organizations like 500 startups and StartupBootcampbegan to lay roots over the continent, foreign businesses have started to take note of a potentially profitable region to startup in. | |
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